The import of veneer or ply sheets of non-coniferous or tropical wood to Italy is on a steadily increasing trend. In 2023, the actual import value stood at $174.43 million. From 2024 to 2028, forecasted imports show a consistent annual increase from $176.95 million to $187.13 million. The year-on-year growth sees slight increments at approximately 1.48% each, providing a stable market outlook. Over the forecast period, the compound annual growth rate (CAGR) hovers around 1.42%, indicating a modest upward trend in imports.
Future trends to watch for include:
- The impact of global economic conditions on trade policies affecting wood imports.
- Potential shifts towards sustainable sourcing and its influence on import volume.
- Technological advancements in wood processing that might alter demand dynamics.
- Changes in Italy's domestic demand for construction and furniture that could affect import dependence.